Transport

Commercial Vehicle Financing
Commercial Vehicle Funding
Commercial Vehicle Leasing

Commercial Vehicle Finance

Owner drivers to some of the most respected commercial vehicle suppliers and operators in the UK trust us to secure the best finance terms for their commercial vehicle requirements. Finance for all new and used commercial vehicles is readily available.

Our business finance option allows commercial vehicles suppliers, as well as owner drivers,to transport their goods in comfort whilst having the knowledge that their vehicle is reliable. Whether you need finance for new commercial vehicles or used, whether you transport equipment or people (buses and coaches), we are here to make sure you have the best vehicles without having to pay a huge, up front, sum of money.

Commercial Vehicle Finance can be used for:

  • HGV's
  • Light Commercial Vehicles
  • Trailers
  • Buses & Coaches

How Asset Funder can benefit your business:

Our expertise – as experts in the transport world, we understand your needs and challenges, and have the experience to fund the commercial vehicles you require.

Cash flow management – using our commercial vehicle finance you can keep your funds to reinvest in your business and benefit from tax efficiencies.

Funding assets – we can fund almost any commercial vehicle.

Providing one-stop-finance – we bring the best terms in a seamless, hassle free process, and can continue to offer vehicle funding solutions as your business develops and grows.

FAQ on Commercial Vehicle Leasing

What is commercial vehicle leasing?

Commercial vehicle leasing is the process of renting a vehicle for business purposes over a fixed period of time. Sometimes called business contract hire when it comes fully maintained. At the end of the lease the vehicle is returned to the lessor.

Why is commercial vehicle leasing a good option?

AVOID UPFRONT COSTS: Commercial vehicle leasing helps to minimise the upfront cost. Normally, the deposit will equate to a small number of monthly payments. This is particularly important if you are a newer business or start up company and need to reserve your cashflow.
AVOID DEPRECIATION: Purchasing a vehicle can be a good investment, but having it on your balance sheet will mean you'll need to account for the depreciation. With leasing, ownership of the vehicle remains with the lessor keeping it off the balance sheet. With leasing you get to offset the rentals you pay against your tax liability.
AVOID COSTLY REPAIRS & MAINTENANCE: With leasing you can choose a maintenance option where the lessor bears the cost of maintainance and repairs. This will ensure you avoid any unforeseen costs and ensure that your vehicle remains on the road at all times.
FLEXIBLE LEASING OPTIONS: Leasing offers more flexibility than buying a vehicle outright. You can choose the deposit, the repayment term, and include a lump sum payment at the end to keep your monthly repayment low. You may also have the opportunity of varying your monthly payments to match seasonal trends in your cashflow.

What vehicles can be funded using commercial vehicle leasing?

All types of commercial vehicle can be leased. From big industrial vehicles, HGV's, trailers, buses and coaches to small vans. 

What responsibilities come with commercial vehicle leasing?

These relate in the main to the repayment of the lease and the maintenance of the vehicle. In addition you may be restricted in terms of any modifications you can make to the exterior or interior of the vehicle. 

Is commercial vehicle leasing for everyone?

Commercial vehicle leasing is for all those who do not need ownership of the vehicle. Leasing is a tax efficient form of funding that protects cashflow by spreading the cost of the vehicle over its economic life. If you have further need of the vehicle at the end of the lease then it is often possible to extend the lease for a secondary period. 

Contact Asset Funder to finance your Commercial Vehicles

If you need help getting finance for your commercial vehicles, get in touch today. Alternatively, if you’d like to learn more about our services, we’d be happy to tell you more. We’re always willing to explain our finance solutions to you, so you can make a choice that is fully informed. Get the funding for your business needs by calling us on 0800 999 69 62 or emailing us. Alternatively, if you'd like to get your finance approved today just click on the link below.

Get Your Commercial Vehicle Finance Approved Today

Testimonial - Channel Commercials PLC

"We have worked closely with Lee and his team for nearly 10 years. They have always provided a great service, financing our clients new and used trucks as well as securing very attractive facilities for our own growing rental fleet, always turned around quickly and painlessly".

Russel Ades – Sales Director of Channel Commercials PLC